Owning a car in Thailand is not difficult, although coping with the way many Thai drivers operate their cars can be hazardous. In Thailand both new and used cars are available. You can also import a car, but the import duties are heavy and you could run into problems with parts and maintenance if it is a brand not readily found in Thailand. Foreigners cannot obtain financing for a car in Thailand. Your options are to pay cash, use a credit card if you have enough credit available, or buy through a Thai citizen.

The car can be purchased in a foreigner’s name. If you opt for financing through a Thai friend, you must be absolutely certain he is someone you can trust. If the person is not trustworthy, he could let you make all the payments and then make the final payment himself and take the car. The car is in his name and there would be no recourse for you. However if he is trustworthy, after making the final payment the ownership of the car can be converted to your own name.

Thailand is a right-hand drive country. If you are from a country that is a left-hand drive country, you will have to accustom yourself to right-hand driving. For some it is a difficult adjustment, especially if you are driving a stick shift. For others it is easy.

While buying a used car is available, it is probably best for most foreigners to buy a new car through a reputable dealership. In most cases the only cars on the lot will be display vehicles. You will most likely have to order the car and wait for delivery, which can take as long as two to three weeks, depending on your location.

Car insurance is relatively inexpensive in Thailand. There are three classes of insurance. First class covers collision and personal injury protection. There is no deductible. Second class covers collision and personal injury, but will be covered only if an accident is determined not to be your fault. If the police hold you at fault, then there can be a large deductible or refusal to pay, in which case you would be responsible for damage to other involved vehicles and any injuries. Third class covers personal injury protection, but does not cover collision.

Most insurance policies do cover other drivers of your vehicle if, and only if, the other driver holds a valid Thai driver’s license and is sober. If he is under the influence when an accident occurs, many insurance companies can refuse to pay.

You will be covered if you are sober and either hold a valid Thai driver’s license or have both a valid driving license from your home country and an International Driving Permit. You must have both. Despite the fact that an International Driving Permit has a one year validity period, Thailand honors it only 90 days from the date of your entry into the country. Thai law requires you to have the license and your valid passport with you at all times when driving a car.

While an insurance policy that covers third party liability will suffice to meet regulatory and legal requirements, most people opt for a wider coverage to help protect them in an event that they get into an accident. There are three main types of car insurance coverage being offered in Singapore. These are:

1. Third party coverage – This covers for the legal liability arising from injury to or the death of third parties in an accident. This should also cover for damage to property. This is the minimum coverage that is required by Singapore law, and this excludes losses due to theft or damage to your own car.

2. Third party, fire and theft – On top of third party coverage, this type of policy also covers your vehicle in case it is damaged by far or is stolen.

3. Comprehensive coverage – This type of insurance policy can provide third party, fire and theft protection, while also protecting you and your vehicle.

Most of the cars in Singapore are covered by comprehensive coverage because it also takes care of personal accident and damage to your own vehicle. What is more, due to the high prices of cars in the country, most car owners would want to protect themselves from losses due to damage to their own cars. Moreover, if you sought financing for your car, the financing company will require you to get comprehensive protection.

Take note that there are situation that are not covered by comprehensive insurance unless you opt to pay for additional premiums, including but not limited to: riots, flood, legal liability due to negligence,windstorms,strikes, civil commotions.

Taking time to understand car insurance cover can help you decide if you are currently adequately protected or not. Make sure that you take out insurance that would protect you in case you get into an accident, while also keeping your premiums affordable.